TH International Limited (Nasdaq: THCH) ("Tims China") is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Tims China was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International (TSX: QSR) (NYSE: QSR). The company's philosophy is rooted in world-class execution and data-driven decision making and centered on true local relevance, continuous innovation, genuine community, and absolute convenience.
About Tims China
In 1964, Tim Horton, a celebrated Canadian hockey star, founded the first Tim Hortons coffee restaurant in Hamilton, a serene city near Toronto. Over the course of 61 years, Tim Hortons has evolved into one of the world's most renowned coffee chain brands. It consistently ranks among the top 25 most valuable restaurant brands globally, as reported by the British brand research consultancy Brand Finance.
In 2019, Tim Hortons selected Shanghai as the location for its inaugural store in China and adopted its official Chinese name, "Tianhao Coffee," in 2023. Consistent with Tim's original vision of creating "a place where anyone could go at any time and feel at home," we have continuously offered our unique value proposition to our customers. This involves pairing fresh, quality local food with our beverages and providing signature hospitality, all at a fair price.
As of December 2024, Tims China operates 1022 stores across 82 cities in China, garnering a loyal membership base exceeding 24 million. Our distinctive "coffee + freshly prepared food" approach differentiates us from other brands, giving us a competitive advantage. This strategy has propelled Tims China to blend global brand influence with localized innovation efforts effectively, charting a unique and sustainable path for growth.
